by On January 1, Ramesh had a bank balance of -500. Over the next 4 months, his bank account activity was as follows: -Amorty salary of 24.000 was credited to his account - An amount of 1000 was debited from his account as part of his monthly rent payment On January 1, Ramesh paid 2400 for a mobile payment plan valid for 4 months What is Pamesht bank balance at the end of 4 months? How much was his ecuivalent monthly mobile bill payment amount?
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1.On January 1 Ramesh had a bank balance of = -3500 His Salary = 34000 per month Total amount in 4 month = 34000 * 4 = 136,000 His rent per month = 1000 Rent in 4 month = 1000 * 4 = 4000 Recharge per month = 3460 * 4 = 13,840 Total Transaction = -3500 + 136,000 132,500 132,500-13,840 = 1,18,660 1,18,660-4000 = 1,14,660 He has 1,14,660
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